Pyne Gould mulls bids for Perpetual unit; looks at UK, Australian listings

Mon, 30 Jul 2012

By Paul McBeth July 30 (BusinessDesk) - Pyne Gould Corp is mulling offers for its Perpetual Trust unit and is looking at listings in Australia and the UK as the final leg of its restructuring under the ownership of George Kerr and Baker Street Capital. The Christchruch-based company has received approaches from several parties to buy some or all of the Perptual unit, which consists of corporate and personal trust businesses, and retail asset management, Pyne Gould said in statement. The company is working with several parties with a view to...

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